"When, the company blew away the numbers, earning 11-cents a share, a one-cent beat, on higher than expected revenues that rose 49 percent year over year. That's some spectacular growth and it makes me think the company is taking share from the competition, " Cramer said.

"Not only does Palo Alto have terrific technology, but their platform also saves client's money by simplifying their security infrastructure and eliminating the need to buy multiple standalone products from various different vendors."

Also Cramer said a settlement with Juniper removes a serious overhang. "Yes, they had to fork over $175 million but that's much less than expected."

But Palo Alto isn't just a positive outlier as a company. Cramer says the stock itself is also a positive outlier.

"At a time when high-multiple tech stocks are still having trouble getting traction, Palo Alto's been rebounding like crazy," Cramer said. "During the spring sell-off in the high-fliers, the stock dropped from $80 down to $58, but in just the last three weeks it's already bounced back to $74 and change."

And despite the bounce, Cramer thinks the path of least resistance remains higher.

"It's far from cheap here, but cyber security is the number one problem for the cloud and Palo Alto has the number one solution. I have to believe this stock is going higher."